Situated on Florida's Gulf Coast, Tampa is both an economic and cultural hub of The Sunshine State. With beautiful weather, ample job opportunities, and a lower cost of living than other Florida cities such as Miami, it's no wonder that Tampa has seen a steady population increase in recent years. If you're looking to buy a home in Tampa, check out our list of top home inspectors in the Tampa area.
In recent years, the Tampa real estate market has rapidly grown. In 2021, the average home sold after only 9 days on the market. However, as is the case with many hot housing markets in the U.S., Tampa's housing market is cooling slightly in 2022 — home sales are down 25% year-over-year according to Redfin.
If you're looking to buy a home in Tampa, a cooling market might be good news for you. In a less competitive market, it is more likely that you can negotiate based on home inspection findings. Even with home sales down year-over-year though, Tampa still has a Redfin Compete Score of 75, meaning that even if the market is cooling slightly, it's still relatively very competitive.
Many home inspectors in Tampa belong to organizations like InterNACHI or FABI and follow their "Standard of Practice" when it comes to home inspections. A typical home inspection in Tampa will include:
In Florida, many homes require additional inspections such as Wind Mitigation and 4-point inspections. It's important to get these inspections done to obtain insurance. In Tampa, a city that is susceptible to water and flooding damage due to a higher-than-average storm volume, you should also consider getting inspections for drywall, sewer scope, and mold.